Overview
What is Polus Center For Social And Economic Development Inc?
The Polus Center for Social and Economic Development Inc. is a nonprofit organization situated in Gardner, Massachusetts. With a workforce of 28 individuals, their primary mission is to empower vulnerable groups, particularly individuals with disabilities, particularly those who are visually impaired, to contribute positively to their communities. They achieve this goal by offering training and consulting services to grassroots organizations, guiding them in planning and executing projects focused on economic, social integration, and community-based rehabilitation. These sessions serve as a unique learning opportunity for participants to gain insights into victim assistance and develop a person-centered human service model. Furthermore, the organization provides leadership training, organization development, and small business capacity building to both non-profit and for-profit organizations across the United States. Additionally, Polus Center advocates for job development for people with disabilities, enabling them to secure employment based on their skills and interests.
Official website here: www.poluscenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Polus Center For Social And Economic Development Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score of 81% is derived entirely from the Accountability & Finance category, emphasizing the organization's transparent practices and governance standards. Most notably, the organization boasts a fully independent board, good financial oversight, and no reported diversion of assets.
The strengths of Polus Center include high scores in program expenses, where 88.80% of its budget is directed towards its mission-related activities. The organization has also established strong financial policies, such as a conflict of interest policy and proper documentation of board meeting minutes. However, a key limitation is the absence of a whistleblower policy, which may raise concerns about internal reporting mechanisms.
Additionally, while the charity demonstrates effective program spending, its fundraising efficiency score reflects potential challenges in generating revenue, with a low cost-per-dollar raised ratio. The working capital ratio indicates limited financial resilience, suggesting that the organization may face challenges in covering short-term obligations. Overall, while Polus Center shows commendable transparency and commitment to its mission, there are areas for improvement in financial management and policies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Polus Center For Social And Economic Development Inc?
100% of reviewers on Facebook recommend the Polus Center for Social and Economic Development Inc. Here is a summary of their reviews:
The organization receives high praise for its impactful projects, particularly in supporting victims of land mines in Peru. Reviewers express deep gratitude for the unconditional and effective support provided by the nonprofit, highlighting the positive changes it has brought to the lives of those affected.
Overall, the sentiment reflects a strong endorsement of the charity's commitment to making a significant difference in the communities it serves. The organization's efforts in executing successful initiatives have resonated well, leaving clients satisfied and appreciative of the services provided.
This AI summary has been generated from reviews found on Facebook.
Is Polus Center For Social And Economic Development Inc legitimate?
Polus Center For Social And Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Polus Center For Social And Economic Development Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $180,372
Professional Fundraising Fees: $0
Other Salaries and Wages: $454,813
For more financial information, click here
Official website here: www.poluscenter.org
What is the mission statement of Polus Center For Social And Economic Development Inc?
The Polus Center for Social and Economic Development Inc is dedicated to creating opportunities for individuals with disabilities, particularly those who are blind or visually impaired, as well as other vulnerable groups. Their mission is to empower these individuals to become valued members of their communities. The center achieves this by providing training and consulting services to grassroots organizations, helping them plan and implement economic, social integration, and community-based rehabilitation projects. Participants in these planning sessions gain a unique action learning opportunity to learn about victim assistance and develop a person-centered human service model. Additionally, the organization offers leadership training, organization development, and small business capacity building to both non-profit and for-profit organizations across the United States. Furthermore, the Polus Center advocates for job development for people with disabilities, enabling them to secure jobs based on their skills and interests.
Official website here: www.poluscenter.org
Who is the CEO of Polus Center For Social And Economic Development Inc?
Theresa Kane is the Ceo Intl Programs of Polus Center For Social And Economic Development Inc. The CEO's salary of Polus Center For Social And Economic Development Inc is $86,811 and their total compensation is $106,528.
Official website here: www.poluscenter.org
What is the revenue of Polus Center For Social And Economic Development Inc?
Polus Center For Social And Economic Development Inc's revenue in 2022 was $2,187,978.
Official website here: www.poluscenter.org
Who are the executives of Polus Center For Social And Economic Development Inc and what are their salaries?
The average compensation at Polus Center For Social And Economic Development Inc during 2022 was $22,685. There are 28 employees and 7 volunteers at Polus Center For Social And Economic Development Inc.
Here are 7 key members and their salaries (Polus Center For Social And Economic Development Inc's CEO's salary is $86,811 and their total compensation is $106,528):
- Compensation: $93,561
- Related: $0
- Other: $20,562
- Compensation: $86,811
- Related: $0
- Other: $19,717
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.poluscenter.org
Where can I find the form 990 for Polus Center For Social And Economic Development Inc?
Polus Center For Social And Economic Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.poluscenter.org
Learn more at the official website: www.poluscenter.org
Mission Statement of Polus Center For Social And Economic Development Inc
The Polus Center for Social and Economic Development, Inc., is committed to creating opportunities for individuals with disabilities, particularly those who are blind or visually impaired, and members of other vulnerable groups. Their mission is to empower these individuals to become valued citizens within their communities. To achieve this, the organization engages in training and consulting with grassroots organizations, helping them plan and implement economic, social integration, and community-based rehabilitation projects. Participating in these planning sessions offers a unique action learning opportunity for participants to gain insights into victim assistance and develop a person-centered human service model.
Beyond this, the Polus Center for Social and Economic Development, Inc., provides leadership training, organization development, and small business capacity building to both non-profit and for-profit organizations across the United States. They advocate for job development for people with disabilities, enabling them to find jobs based on their skills and interests. By doing so, the center aims to foster inclusion and equality, ensuring that all individuals have the opportunity to contribute to and benefit from their communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Polus Center For Social And Economic Development Inc creates opportunities for persons with disabilities, especially those who are blind or visually impaired, and other vulnerable groups, empowering them to become valued citizens within their communities. The organization's impact is seen through its training and consulting programs that help grassroots organizations implement economic, social integration, and community-based rehabilitation projects. By providing leadership training, organization development, and small business capacity building, Polus Center advocates for job development for people with disabilities, enabling them to find employment based on their skills and interests. Through these initiatives, Polus Center For Social And Economic Development Inc makes a tangible difference in enhancing the lives and opportunities of individuals facing challenges.
This information is meant to be a general summary of Polus Center For Social And Economic Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $95,115
- Program Service Revenue: $303
- Gross Receipts: $2,435,831
Assets and Liabilities:
- Total Assets: $593,463
- Total Liabilities: $370,763
- Net Assets: $222,700
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Investment Income
Revenue
$303
Organization Details
Founding Year
1980
Phone
(978) 368-1550Principal Officer
Theresa Kane
Main Address
213 School Street APT 301, Gardner, MA, 01440
Website
www.poluscenter.orgIf you are a representative of Polus Center For Social And Economic Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.